by Joe Katzman | Jan 28, 2013 | Events, Force Structure, India, Issues - Political, Lobbying, New Systems Tech, Other Corporation, Tanks & Mechanized
Arjun tank(click to view full) India’s indigenous Arjun tank project began in 1974, and originally aimed to replace the Russian T-54 and T-72 tanks which made up the bulk of that country’s armored firepower. As has often been the case in India, its DRDO...
by Editorial Staff | Jan 28, 2013 | Africa - Other, Airbus, Contracts - Awards, Daily Rapid Fire, France, People, Turkey, USA
* House of Representatives Budget Committee chairman Paul Ryan told NBC that he thinks the sequester is going to happen. Meet the Press | Reuters. * Senator Richard Durbin [D-IL] has been confirmed as the new chairman of the appropriations defense subcommittee. The...
by Joe Katzman | Jan 27, 2013 | Budgets, Contracts - Intent, Domestic Security, Europe - Other, Issues - Political, Other Corporation, Partnerships & Consortia, Russia, Trucks & Transport
Linces in Afghanistan(click to view full) In a strong-commodity, weak-dollar/Euro world, Russia has the finances it need to replenish its badly depleted military. What it doesn’t have yet is the industrial and engineering capacity, which was lost during the...
by Editorial Staff | Jan 25, 2013 | Budgets, Contracts - Awards, Corporate Financials, Daily Rapid Fire, Leadership & People, Raytheon, USA
* Adm. Jonathan Greenert, The US Navy’s Chief of Naval Operations, is freezing civilian hiring – like the Air Force earlier announced – and cancelling a lot of maintenance work that was scheduled between April and September (i.e. the end of the...
by Editorial Staff | Jan 24, 2013 | Contracts - Awards, Corporate Financials, Daily Rapid Fire, General Dynamics, GPS Infrastructure, India, Launch Vehicles, Lockheed Martin, Satellites & Sensors, United Technologies, USA
* In 2012 Lockheed Martin increased its yearly sales by 1.5% to $47.2B. Growth in aeronautics compensated lost ground in information system, confirming a pattern seen for the last two years and across contractors. Total backlog reached a record $82.3B (+$1.6B from a...
